MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-20-0004178
Zeal Polymers Private Limited - manufacturing in Dhoraji, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.51 Cr
▲ 33% YoY
Net profit · FY 2024
₹4.06 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹18.38 Lakh
EBITDA margin 7.3%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹65 Lakh
Secured borrowings
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings
About Zeal Polymers Private Limited
Data last updated:
Zeal Polymers Private Limited is a private limited company based in Dhoraji, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 18 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2005PTC045726. Its GSTIN is 24AAACZ2286N1ZW (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Chintanbhai Kishorbhai Mavani and Vipulkumar Kanjibhai Vaishnav.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Opp. Dhorivav Junagadh Road P. B. No 10, Dhoraji, Gujarat, India – 360410.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.51 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹4.06 Lakh (net margin 1.6%) and EBITDA of ₹18.38 Lakh (EBITDA margin 7.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹65 Lakh on record.
Zeal Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0004178). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zeal-strap.com.
Company details
CIN U25200GJ2005PTC045726
Registration Number 045726
Incorporation Date 18 March 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-20-0004178
Key People
Chintanbhai Kishorbhai Mavani Director Vipulkumar Kanjibhai Vaishnav Director Yogeshbhai Kanjibhai Vaishnav Director Recognitions & Rankings of Zeal Polymers
Contact details
Zeal Polymers Private Limited's registered office is in Dhoraji, Gujarat. Its website is zeal-strap.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOpp. Dhorivav Junagadh Road P. B. No 10, Dhoraji, Gujarat, India – 360410
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Zeal Polymers Private Limited, buy the company report.
Comprehensive company report
Zeal Polymers Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Zeal Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Zeal Polymers Private Limited, buy the company report.
Financials of Zeal Polymers Private Limited
FY 2025 filings availableZeal Polymers Private Limited reported revenue of ₹2.51 Cr (up 33% YoY) for FY 2024.
Revenue · FY 2024
₹2.51 Cr ▲ 33%
Net profit · FY 2024
₹4.06 Lakh margin 1.6%
EBITDA · FY 2024
₹18.38 Lakh margin 7.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▼ 3%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 1%
5 years · compounded
▼ 3%
Revenue rose 33% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 7% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹18.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.06 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Zeal Polymers Private Limited, buy the company report.
Board of directors of Zeal Polymers Private Limited
Zeal Polymers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintanbhai Kishorbhai Mavani Also directs: Trinaya Weaves Private Limited | Director | 02 Jun 2016 | 10 Years 5 Months | Current |
| Vipulkumar Kanjibhai Vaishnav Also directs: Angira Rope Private Limited | Director | 18 Mar 2005 | 21 Years 7 Months | Current |
| Yogeshbhai Kanjibhai Vaishnav Also directs: Riseon Agricare Private Limited | Director | 02 Jun 2016 | 10 Years 5 Months | Current |
Peer comparison
Zeal Polymers Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mica Polytech Private Limited | ₹2.52 Cr (FY 2024) | 39.0% | Telangana, India | |||
| Surajya Polymers Private Limited | ₹2.51 Cr (FY 2020) | 16.0% | Pune, Maharashtra, India | |||
| Zeal Polymers Private Limitedthis company | ₹2.51 Cr (FY 2024) | ₹4.06 Lakh | 1.6% | 33.0% | Dhoraji, Gujarat, India | |
| Naman Polyplast Private Limited | ₹2.51 Cr (FY 2025) | -49.0% | Jaipur, Rajasthan, India | |||
| Shree Ganga Polytech Private Limited | ₹2.51 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Madhushree Plastic Private Limited | ₹2.5 Cr (FY 2018) | -15.0% | Aurangabad, Maharashtra, India | |||
| J4s Tech Innovation Private Limited | ₹2.5 Cr (FY 2025) | 17742.0% | Delhi, India |
To see the full peer comparison of Zeal Polymers Private Limited, buy the company report.
Shareholding
The shareholding of Zeal Polymers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Zeal Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹65 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2006 | 80035747 | Others | ₹65 Lakh | Open |
To see the full charge records of Zeal Polymers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Zeal Polymers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Zeal Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zeal Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACZ2286N1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zeal Polymers Private Limited, buy the company report.
Recent activity
Zeal Polymers Private Limited has 7 board changes on record since 2005: 4 appointments and 3 cessations. The latest: Chintanbhai Kishorbhai Mavani was appointed as Director on 02 Jun 2016.
AGM
Zeal Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Zeal Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 0.65 Cr registered on 31 Jan 2006 with Charge ID 80035747 was modified on 29 Nov 2021.
Appointed
Chintanbhai Kishorbhai Mavani was appointed as Director.
Appointed
Yogeshbhai Kanjibhai Vaishnav was appointed as Director.
Ceased
Ashokbhai Devjibhai Vaishnav ceased to be Director.
Ceased
Maganlal Karshanbhai Chavadiya ceased to be Director.
Ceased
Chandulal Punjabhai Mavani ceased to be Director.
Appointed
Pravinkumar Gandalal Mavani was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.65 Cr with Charge ID 80035747 was registered on 31 Jan 2006.
Appointed
Vipulkumar Kanjibhai Vaishnav was appointed as Director.
Incorporation
18 Mar 2005
Zeal Polymers Private Limited was registered on 18 Mar 2005 with Roc Ahmedabad & aged 21 years 7 months as per MCA records.
Frequently asked questions
Zeal Polymers is an active private limited company based in Dhoraji, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 18 March 2005 (21+ years old) and is registered under CIN U25200GJ2005PTC045726.
Zeal Polymers has 3 current directors:
- Chintanbhai Kishorbhai Mavani - Director
- Vipulkumar Kanjibhai Vaishnav - Director
- Yogeshbhai Kanjibhai Vaishnav - Director
The latest financial statements of Zeal Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Zeal Polymers is 24AAACZ2286N1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Zeal Polymers is U25200GJ2005PTC045726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zeal Polymers was incorporated on 18 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Zeal Polymers by revenue are Mica Polytech Private Limited, Surajya Polymers Private Limited, Naman Polyplast Private Limited, Shree Ganga Polytech Private Limited, Madhushree Plastic Private Limited and 1 more, all in the Manufacturing industry (Plastic Based Products, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Chintanbhai Kishorbhai Mavani was appointed as Director on 02 Jun 2016. Yogeshbhai Kanjibhai Vaishnav was appointed as Director on 02 Jun 2016. Ashokbhai Devjibhai Vaishnav ceased to be Director on 08 Mar 2016. Zeal Polymers has 7 board changes on record in total.
Yes, Zeal Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0004178).
Zeal Polymers can be reached through the website zeal-strap.com. Its registered office is in Dhoraji, Gujarat, India.
The registered office of Zeal Polymers is at Opp. Dhorivav Junagadh Road P. B. No 10, Dhoraji, Gujarat, India – 360410.
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